This Retail Property is no longer advertised on LoopNet.co.uk.
5969 Highway 42
Rex, GA 30273
Exxon · Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- 19+ Years of Term Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Four (4) x Five (5) Year Options to Renew
- Strong Store Performance – 2.3 x Rent Coverage
- 2% Annual Rent Increases
- Blended CAP Rate of 8.35% Over Lease Term
- Directly Off Interstate 675 – Sees Over 58,500 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Convenience Store
- General Retail Freestanding
- General Retail Service Station
- Industrial Service
Building Size
7,507 SF
Building Class
C
Year Built
1999
Tenancy
Multiple
Number of Floors
1
Building FAR
0.06
Lot Size
2.78 AC
Zoning
GB
Parking
14 Spaces (1.85 Spaces per 1,000 SF Leased)
LINKS
Listing ID: 20995755
Date on Market: 18/09/2020
Last Updated:
Address: 5969 Highway 42, Rex, GA 30273